This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

Energy Stocks: Winners and Losers

NEW YORK (
TheStreet) --
Suntech Power Holdings(STP),
Frontier Oil(FTO) and
SunPower(SPWRB) were the top gainers, while
Seacor Holdings(CKH - Get Report),
Tullow Oil and
Newfield Exploration(NFX - Get Report) headed the losers' list last week.

Suntech Power Holdings gained 20.2%, topping energy gainers, after the company secured an order from the UN for supplying $80 million worth of solar power systems over the next three years. Canaccord Genuity raised the stock to hold during the week.

Frontier Oil swung 14.2% higher after Simmons & Company upgraded its rating on the stock to overweight from neutral. Separately, Deutsche bank raised its price target on Frontier oil to $30 from $23. Meanwhile, Dahlman Rose rated new buy with a price target of $33. On Friday, the stock closed at $28.12.

SunPower surged 13.8% to reach 11-month highs after the company raised its 2011 earnings guidance to $2.0-$2.2 per share from the earlier $1.75-$2.05 issued in November.

Williams(WMB - Get Report), a pipeline operator, advanced 12.5% after the company announced plans to spin off its oil and natural gas exploration business. The initial public offering (IPO) is scheduled for the third quarter.

Tesoro(TSO - Get Report) gained 10.2% during the week. Dahlman Rose rated the stock new buy with a target price of $34.0, up 40.7% from the current $24.1.

Nabors Industries(NBR) rose 9.5% after reporting 2010 fourth quarter results. Adjusted earnings per share came in at 44 cents vs. consensus 38 cents, while operating revenue came in at $1.32 billion vs. estimated $1.27 billion. Jefferies raised its price target on the stock to $35 from $27, following the earnings announcement, reiterating its buy rating.

Cimarex Energy(XEC) rose 8.3% last week. Lazard capital raised its price target to $136 from $122, maintaining a buy rating, after the company announced fourth quarter results and a discovery in the Permian Basin. Meanwhile, Tudor Pickering upgraded the stock to buy from accumulate. However UBS cut its rating to neutral from buy.

Product Features:

To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.